01/12/22 Jeju’s KAL Hotel property that hosts MegaLuck Casino to be sold Jeju’s KAL Hotel property will be sold, according to the hotel’s management, “to overcome its financial difficulties”.
01/12/22 Macau casinos licence renewal attached to Hengqin plans, analysts say Analysts at JP Morgan Securities said the casino licences renewal after June 2022 could involve committing certain budgets for non-gaming projects in the city.
01/12/22 Galaxy relaunches voluntary resignation scheme Galaxy Entertainment Group has announced it will relaunch its voluntary resignation plan for certain employees.
01/11/22 Macau GGR will reach US$12.5bn this year, according to Wynn Macau Linda Chen, Wynn Macau Executive Director, said she believes Macau’s GGR for 2022 will be MOP100bn (US$12.5bn).
01/10/22 Macau GGR down 9% in the first week of January Macau’s GGR for the first week of January was down 9 per cent week-on-week with average daily revenue of MOP266m (US$33.3m).
01/10/22 Macau expects 40,000 daily visitors for Chinese New Year The Macau Government Tourism Office (MGTO) expects to surpass the figure registered last year that was significantly down due to the Covid-19 pandemic.
01/07/22 Vietnam: IHG signs multi-property agreement with Sun Hospitality Group InterContinental Hotels Group (IHG) has signed a partnership with Sun Hospitality Group to develop two upcoming integrated resorts.
01/07/22 Genting SkyWorlds might open for Chinese New Year, analysts say Maybank Investment Bank Bhd suggests Genting SkyWorlds, Genting Malaysia’s new outdoor theme park, might be ready to be launched for the Chinese New Year.
01/06/22 Vietnam’s Grand Ho Tram to open new Holiday Inn Resort on January 15 Intercontinental Grand Ho Tram IR has announced it will open its new Holiday Inn Resort on 15 January 2022.
01/06/22 Genting HK cancels two sailings due to Covid-19 countermeasures Genting Hong Kong Ltd had to cancel two casino cruises due to Hong Kong’s new countermeasures to avoid a rise in Covid-19 cases.
01/06/22 Jeju Dream Tower posts KRW8.13bn in gaming revenue for December Lotte Tour Development Co Ltd has confirmed Jeju Dream Tower achieved its first positive EBITDA in December.
01/06/22 Melco Resorts to provide a one month bonus to non-management employees Melco Resorts has announced it will pay a special bonus before Chinese New Year.
01/04/22 Authorities in Goa defer Delta Corp plans to develop an IR in Pernem Pernem MLA and deputy chief minister Manohar Ajgaonkar objected to Delta Corp’s project to develop an IR arguing he doesn’t want casinos in his constituency.
01/04/22 Macau expects to collect just US$5.35m in taxes via junket commissions in 2022 Authorities in Macau predicted the government will only collect MOP43m (US$5.35m) from taxes on commissions paid by casinos to junkets.
01/04/22 Macau casino revenue could reach MOP130bn in 2022, analyst says According to gaming experts, Macau’s casino revenue could be between MOP100bn and MOP130bn (US$16.18bn).
